COMPANY REGISTRATION NUMBER: N1658965 CHARITY REGISTRATION NUMBER: NIC107406 Emerge Counselling Services Limited Company Limited by Guarantee Unaudited Financial Statements 28 February 2022 Finegan Gibson Ltd Chartered accountants Causeway Tower 9 James Street South Belfast BT2 8DN
Emerge Counselling Services Limited Company Limlted by Guarantee ststement of Financlal Activities (including income and expenditure account) Year ended 28 February 2022 2022 Restricted funds Total funds Total funds 2021 Unr&stricted fvnds Income and endowments Donations and legaci88 Charitable activlties 66,128 324 18,137 12,870 84.265 13,194 59.571 6.253 Total Income 66,452 31,007 97,459 65,824 Expenditure Expenditure on charitable activities Total expendlture 49.954 33,247 33,247 83,201 47,012 49.954 83,201 47,012 Net Income and nèt movemont in funds 16,498 {2,240) 14,258 18,812 R8conciliatlon of funds Total funds brought fowrd Total funds carried ft>ard 23.920 2,240 26,160 7,348 40,418 40.418 26,160 The statem8nt of financial activities includes all gains and losses COgnised in the year. All incom8 and expenditure derive from continuing activities. Th& notgs on pages 9 to 18 forni part of those flnanclal ststsments.
Emerge Counselling Services Limited Company Limited by Guarante8 Statement of Financlal Position 28 February 2022 2022 2021 Note Flxèd assets Tangible fixed assets 14 8.879 10,288 Current assets Debtors Cash at bank and in hand 15 21,082 29,967 51,049 22.338 22,336 Craditors: amounts falllng due wlthln one year Net current assets 16 19,510 6.464 31.539 15,872 Total assets less current Ilabllities Net assets 40,418 26.160 40,418 26,160 Funds of the charity Restricted funds Unrestricted funds 2.240 23,920 40,418 Total charity funds 17 40,418 26,160 For thè year ending 28 February 2022 the charity was enlitled to exemption from audlt under section 477 of the Companies Act 2006 relating to small companies. Dlrectors, r8sponsibilitles.. The members have not required th8 ¢ompany to obtsin an audit of its financial statements for the year in question in accordance wtth section 476- The directors acknowledge their responsibilities for complying with the requir6merrts of the Act with respect to accounting records and th8 preparation of financial ststem8nts. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial statements were approved by the board of trustees and authorised for issue on 30 March 2023, and are signed on behalf of the board by.. lan McAllister Twstee Tho notes on pagos 9 to 18 fomi part of thos0 flnanclal Statements,
Emerge Counselling Services Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 28 February 2022 General Inforniation The charity is a public ben8fit entity and a private company limited by guarantee, registered in Northem Irèland and a registered charity in England and Wales. The addrass of the registered Offi is 18 Brambling Close. Lisbum, 8T28 3PN. United Kingdom. statement of compliance These financial ststements have been prepar8d in compliance with FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ir81and'. the Statement of Recommendèd Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in th6 UK and Republic of Ireland (FRS 102) (Charities SORP {FRS 102}) and the Compani8s A¢t 2006. Accounting pollcies Basls of proparation The financial statements have been prepared on the historical cost basis, as modified by the valuation of certain financial assets and liabiliti6s and investment propert18s measured at fair value through income or expenditure. The financial statements are prepared in st8rling. which is the functional cUencY of the entity- Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estlmation uncertainty The preparation of the financial statements requires management to make judgemenls, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and arè based on experience and olher factors, including expectation8 of futur8 events that are belleved to be reasonable under the circumstances, Fund accountlng Unrestrict8d funds are available for use at th8 discretion of the trustees to further any of the charity's purposes. Designated ftjnds are unreslricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by th8 donor or through the terms of an appeal, and fall into one of sub-classes: restricted income funds or endowment funds.
Emerge Counselling Services Limited Company Limited by Guarantee Notes to the Financial Statements (conbnuedj Year ended 28 February 2022 Accounllng policies (contlftyed) Incomlng resources All incoming resourcès are included in the statement of financial activities when entitlement has passed to the charity., it is probable that the economi¢ benefits associated wlth the transaction will flow to the charity and the amount can be r81iably measured. The following specific policies are applied to particular categories of income: income from donaJons or grants is recognised when there is evidence of entitlement to the gift. receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is m6asured at the fair value of the goods unless this Is impractical to measure reliably, in which case th8 value is d8riv6d from th8 Cost to th8 donor or the estimated resale value. Donated facilities and services are recognised in the accounts when receiv8d ff the valu8 can be reliably measured. No amounts are includ8d for the contribution of general volunteers. inoome from contracts for the supply of services is recognised with the delivery of the Gontract8d service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned rf unspent, in which case it may be regard8d as restrict8d. Resources expended Expenditure is re¢ognised on an accruals basis as a liability is incurr8d. Expendtture Includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial 8clivit18S to which it relates.. expenditure on raislng funds Indudes the costs of all fundraising activities, events, non<haritable trading activities, and the sale of donatod goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activit18S that further its charitable aims for the benefit of its benefi¢iaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activSties. otner &xp8ndlture Includ8S all expenditure that is neither related to ralslng fvnds for thè Charity nor part of its expenditure on charitabl8 actFvib'es. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Tanglble asset$ Tangible assets are initially recorded at Cost, and subsequently stat8d at Cost less any accumulated dèpreciation and impairment losses. Any tsngible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. 10
Emerge Counselling Services Limited Company Limited by Guarantee Notes to the Flnancial Statements (conitrnued) Year ended 28 February 2022 Accounting policies (continu8dJ Tangible assets (conllnuod) An increase in the carrying amount of an asset as a result of a revaluation. is recognised in other recognised gains and losses, unless it reverses a charg6 for impaimient that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activrties. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its r8sidual value, over the useful economic life of that asset as follows-. Equlpment Computer equiptnent 200kn stralght line 200/0 Straight line Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date. with the recoverable amount being estimated where such indicators exist. Where the carrying valu6 exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible rev8rsal at each reporting date. For the purposes of impaimient testing. when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of Ihe cash-generating unit to which the asset belongs. The cash-g6nerating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets, For impairment testing of goodwill, the goodwlll acquired in a busin8ss wmbination is, from the acquisition date. allocated to each of the cash-generating untts that are expected to benefit from the synergies of the combinatlon, irrespective of whether other assels or liabililles of the chartty are assigned to those units. Flnancial Instruments A financial assot or a financisl liability is rgco9niS only when the charity becomes a party to th¢ contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount re1vable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at tha cash or other consideration 8xpected to b8 paid or r8C8ived and not discounted. Debt instruments are subsequently measured at amortised cost. 11
Emerge Counselling Services Limlted Company Limlted by Guarantee Notes to the Financlal Statements {eontinued) Year ended 28 February 2022 Accounting pollcios (contlnued) Flnancial Instruments (eontlnuod) Where investments in shares are publicly traded or their fair value can othemise be measured liably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instrum8nts, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business tems or financed at a rate of interest that is not a market rate. in which case the asset is measured at the present value of the future payments discounted at a market rate of int8r8St for a similar debt instrument. other financial instruments are subsequently measured at fair value, with any Ghanges recognised in the statement of financial activities. with the exception of hedging instruments in a designated hedging r81ationship. Financial assets that are measur8d at cost or amortised cost are reviewed for objective evidence of impaimient at the 8nd of each reporbng datè. If there is objective evidence of impaimient, an impairmenl loss is recognised under the appropriate h8ading in the statement of financial activit18s in which the initial gain was recognised. For all equty instruments regardless of significance, and other financial assets that are individually significant, thes8 are assessed individually for impairment. Other financial assets aro either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impaim18nt are recognlsed immediatèly. to the ext8nt that the r8versal does not result in a carrying amounl of the financial asset that exceeds what the carrying amount would have been had the impaimient not previously bèen recognised. Llmltod by guarantee The company is limited by a guarantee and accordingly does not have any share capital. Every member of the company undertakes to contribute such arnount as may be required not 8xtseding £1 to the assets of the charitable company in the event of it being wound up while he or she is a member or within one year after he or shè Geases to be a member. Donatlons and legacles Unrestricted Funds Restricted Total Funds Funds 2022 Donations Donations 66.128 66,128 12
Emerge Counselling Services Llmited Company Limited by Guarantee Notes to the Financial Statements fwntlnu8dJ Year ended 28 February 2022 Donatlons and legacios (Contlnuod) Unrestricted Funds Restricted Total Funds Funds 2022 Grants Groundwork Tesco DFC Covid 19 Department of Justice EA B81fast Region NIHE 3,000 3,000 3,813 9,824 1,500 3,813 9.824 1.500 66.128 18,137 84,265 Unrestricted Funds Resthcted Total Funds Funds 2021 Donatlons Donations 43.538 43,538 Grants Groundwork Tesco DFC Covid 19 Department of Justice EA Belfast Region NIHE 500 15,533 500 15.533 59.571 59,571 Charltable activities Unrestricted Funds Restricted Total Funds Funds 2022 Programme Incom8 Communty Foundation Nl Ballynahinch Counselling S8rvi¢e BCS Sub-contract 324 324 10.461 2,409 12,870 10.461 2,409 13,194 324 Unrestricted Funds Restricted Total Funds Funds 2021 Programme Income Community Foundation Nl Ballynahinch Counselling SeNice BCS Sub-contract 3,750 2,503 3,750 2.503 6.253 6.253 13
Emerge Counselling Services Limited Company Limited by Guarantee Notss to the Financlal Statements {continued) Yearended 28 February 2022 Expfyndtture on charltablo actlvities by fund type Unrestricted Funds Restrtcted Total Funds Funds 2022 Counselling Support costs 39.114 10,840 33,247 72,361 10,840 49,954 33,247 83.201 Unrestricted Funds Restricted Total Funds Funds 2021 Counselling Support costs 32,392 8,978 5.642 38,034 8,978 41,370 5.642 47.012 Expenditure on charitable activities by actNity type Activities undertaken directly Support costs Total funds 2022 Total fund 2021 Counselling Governance costs 72.361 7,626 3.214 79.987 3,214 44,162 2.850 72,361 10,840 83,201 47,012 Analysis of support costs Counselling Total 2022 Totsl 2021 Premises Communications and IT General office Gov&mance costs 1,868 1,563 3,780 1.114 1.868 1,563 3,780 1,114 975 2,062 3.091 2,850 8.325 8.325 8.978 10. Net In¢ome Net income is stated aft6r ¢h8rgingl{crediting)-. 2022 2021 Depreciation of tangible fixed a55ets 2.931 2.626 14
Emerge Counselling Services Limited Company Limited by Guarantee Notes to the Financial Statements {contlftuedJ Year ended 28 February 2022 11. Independènt examinatlon fees 2022 2021 Fe8s payable to the independent examiner for.. Independent examination of the financial statements 2.100 2.100 12. Staff costs The charity employs no staff and therefore incurred no staff costs during the year (2020." Nil). 13. Trustee remuneration and expenses No remuneration or other benefits from employment with the ¢harity or a related entity were reIVed by the trustees (2020.'Nil). No trustee &xpens&s have been incurred during the year (2020:Nil}. 14. Tangible flxed assets Office Computer Equipment Equipment Total Cost At 1 March 2021 Additions 3,331 1.522 9,798 13.129 1.522 At 28 February 2022 Depreclation At l March 2021 Charge for the year At 28 February 2022 Carrylng amount At 28 February 2022 At 28 February 2021 4.853 9.798 14,651 666 2,100 2,175 831 2,841 2,931 2.766 3,006 5,772 2,087 6,792 8.879 2,665 7.623 10.288 l & D¢btv 2022 2021 Trade debtors Prepayments and accrued income Other debtors (926) 20,642 1,366 21,082 15
Emerge Counselling Services Limited Company Limited by Guarantee Notes to the Financlal Statements (conUnu8dJ Year ended 28 February 2022 16. Croditors.. amounts falling due within one yoar 2022 2021 Trade CditorS Accruals and deferred income 2.183 17,327 2,714 3,750 19,510 6.464 17. Analysls of charltabla funds Unrestrict8d funds At 28 February 2022 At 1 March 2021 Income Exp8nditure Transfers General funds 23.920 66,452 (49,954) 40,418 At 28 February 2 021 At 1 March 2020 Income Expenditure Transfers General fvnds 7,348 59,571 {41,3701 {1,629) 23.920 16
Emerge Counselling Services Limited Company Limited by Guarantee Notes to the Financial Ststements (contlnu•dJ Year ended 28 February 2022 17. Analysis of charitablo funds (condnugd) Restricted funds At 28 February 2022 At 1 March 2021 Incom8 Expenditure Transfers CFNI - Coronavinjs Community Fund Warm Well & Connected Program Ballynahinch Department of Justic8 EA Belfast Region NIHE Groundwork Tesco BCS Sub-contract 2,240 (2,240) (10,461} (3,813) (9,824) (1,500) (3.000) {2,409) (33,247) 10.461 3,813 9,824 1,500 3,000 2.409 2,240 31,007 At 28 February 2 021 At 1 March 2020 Incom8 Expenditur8 Transf8rs CFNI - Coronavirus Community Fund Warm Well & Connected Program Ballynahinch Department of Justi EA Belfast Region NIHE Groundwork Tesco BCS SUContract 2,503 (4,132) 1,629 3.750 (1.510) 2,240 6,253 (5.642) 1.629 2.240 17
Emerge Counselling Services Limited Company Limited by Guarantee Notes to the Financlal Ststements (eontlnuedj Year ended 28 February 2022 18. Analysis of net assèts botwoon funds Unr8stricted Funds Restricted Total Funds Funds 2022 Tangibl& fixed assets Current assets Creditors less than 1 year Net assets 8,879 51.049 (19.510) 40,418 8,879 51,049 (19,510) 40,418 Unrestricted Funds Restricted Total Funds Funds 2021 Tangible fixed assets Current assets Creditors less than 1 year Net assets 10,288 20,096 (6.464) 23,920 10,288 22,336 (6.464) 26,160 2,240 2,240 19. Related partles Th8 charity's CEO Samantha Evans is the wif8 of charity trust88 Christopher Evans. Durfng the year £19,051 wa5 paid to Samantha in relation to travel & t818phone expensas and to COV8r tirne spent on administration of the charfty, as well as project work. £2,529 was outstanding to Samantha at year end. Charity trustee Martln Chappell is also director of MC Business Supplies. During the year £4,148 was paid to MC Business Supplies for offic8 Station8ry, of which £84 was outstanding at the year end. 18
Emerge Counselling Services Limited Company Limited by Guarantee Management Infomiation Year ended 28 February 2022 Tho following pages do not form part of the flnancial statement$. 19
Emerge Counselling Services Limited Company Limited by Guarantee Detsiled Ststement of Financial Activities Year ended 28 February 2022 2022 2021 Income and endovmients Donatlons and legacies Donations Groundwork Tesco DFC Covid 19 Department ofJustice EA Belfast Region NIHE 66.128 3.000 43.538 500 15.533 3,813 9.824 1,500 84.265 59,571 Charitable actlvltSes Programm8 Income Communty Foundation Nl Ballynahinch Counselling Service BCS Sub-contract 324 3,750 2.503 10,461 2,409 13,194 6,253 Total incom8 97,459 65,824 20
Emerge Counselling Services Limited Company Limited by Guarantee Detailed Statement of Financial Activities (Continu Yearended 28 February 2022 2022 2021 Expenditure Expenditure on charltable actlvltles Rent Light and heal Repairs and maintenance Insuran Other motorltravel costs Legal and professional fe8S Telephone Other office costs Depreciation Interest on bank loans and overdrafts DetailedSOFAExpenditureOnCharitsbleActivitiesType2H DetailedSOFAExpenditureOnCharitableActivitiesType4H DetailedSOFAExpenditureOnCharitableActivitiesType5H Warm Well & Connected Program Emergency Community Fund Event Costs Facilitator cost Supervision costs Computer & IT costs Equipment purchased General 8xpens8S Charitable donations Staff Training Corporation Tax Operating Lease payments Staff Expenses BCS SUContract Dept of Justice 19,905 1,564 653 14,625 855 120 466 100 2.100 625 470 2,626 152 3.214 1.173 2,067 2.931 375 6,167 332 3.268 170 4.132 1,510 5,104 2,995 1,039 2,094 340 1,740 2,382 251 3,208 5,812 5,548 40 7,291 68 6,246 1,036 61 2.524 462 2,529 4,914 4.080 83,201 47,012 Total expenditure 83,201 47.012 Net Income 14,258 18.812 21
Emerge Counselling Services Limited Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 28 February 2022 2022 2021 Expenditure on charltable actlvities Counsolllng Activitles undertaken directly Rent Repairs & maintanance Travel costs Printing, postage & stationery Bank fees Advertising & marketing Subscriptions CFNI Covid response Warm Well & Connected Program Em6rgency Community Fund Event Costs Facilitator cost Supervision costs Computer & IT costs Equipment purchased General expenses Charitable donations Staff Training Corporation Tax Operating Leas8 payments Staff Expenses BCS Sub-contract Dept of Justice 19,905 150 152 2,067 375 5.561 332 14.625 100 470 1.082 170 4,132 1.510 5,1()4 2,995 1,039 2,094 340 1.740 2,382 251 3,208 5,812 5,548 40 7,291 68 6,246 1,036 61 2,524 462 2,529 4,914 4.080 72,361 38,034 Support costs Light & heat Repairs & maintenance Insuran Tel8phone Depreciation Computer & IT costs 1,564 503 849 1,173 2.931 606 855 120 466 625 2,626 1,436 6,128 7,626 Governance costs Accountancy fees Late filing penalty 3,214 2,100 750 3,214 2,850 Expendlture on charftable actlvltlos 83,201 47,012 22